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Posts Tagged ‘layoffs’

Report: Layoffs likely to slow in 2012

by Amanda Miller Published: January 11,2012

Tags: employers, hiring, layoffs, staffing

U.S. employers anticipate few staffing cutbacks in 2012 and many expect to increase hiring, according to a report released by Right Management. Only 3 percent of the 600 survey respondents, which were executives in private, non-profit and government organizations, said they anticipate significant staffing cutbacks or restructurings this year. Two-thirds said they expect almost none. One in [...] [...]

Local tech business might leave town

by Amanda Miller Published: December 14,2011

Tags: Jobs, layoffs, Tech for Less

ModusLink Global Solutions is considering moving Tech for Less jobs to Bloomington, Ind. ModusLink bought Tech for Less in 2009 and said this week it may consider moving jobs. A former employee said this week that the company plans to move some operations to Bloomington, shut down one of the facilities, and possibly move customer service jobs [...] [...]

Frontier to lay off 100 people in Denver

by Associated Press Published: November 14,2011

Tags: Frontier Airlines, layoffs, restructuring

Frontier Airlines says it’s cutting 100 jobs in Denver in the next few weeks and 120 positions at its Milwaukee hub in January. Airline spokesman Peter Kowalchuk says most cuts in Denver will come through attrition. Some employees have also been asked if they’d be willing to move from full- to part-time work. Frontier is in the [...] [...]

Colorado businesses lay off 1,235

by Monica Mendoza Published: November 10,2011

Tags: Bureau of Labor Statistics, layoffs

Colorado businesses laid off 1,235 people in the third quarter of 2011, according to the Bureau of Labor Statistics.  Low demand for business was the biggest reason for the layoffs. Across the country, there were more than 184,000 people let go from their jobs, fewer than this time last year. Layoffs due to completion of seasonal work [...] [...]

Wisconsin governor warns of layoff notices

by Associated Press Published: February 22,2011

Tags: Employment, layoffs, unions, Wisconsin

Wisconsin Gov. Scott Walker warned Tuesday that state employees could start receiving layoff notices as early as next week if a bill eliminating most collective bargaining rights isn’t passed soon. Walker said in a statement to The Associated Press that the layoffs wouldn’t take effect immediately. He didn’t say which workers would be targeted but he [...] [...]

Yahoo hands out 600 layoff notices for holidays

by Associated Press Published: December 14,2010

Tags: layoffs, Yahoo

Yahoo is reducing its workforce by 4 percent and has handed out 600 layoff notices. The job cuts announced today follow weeks of speculation about whether a long-running financial funk would spur Yahoo to trim its payroll before the new year. This marks the fourth time in three years that Yahoo Inc. has resorted to mass firings [...] [...]

Economy loses 95K jobs due to government layoffs

by Associated Press Published: October 8,2010

Tags: government, layoffs

A wave of government layoffs in September outpaced weak hiring in the private sector, pushing down the nation’s payrolls by a net total of 95,000 jobs. The unemployment rate held at 9.6 percent last month, the Labor Department said Friday. The jobless rate has now topped 9.5 percent for 14 straight months, the longest stretch since [...] [...]

30 layoffs coming to Current, PaperDirect

by Becky Hurley Published: July 30,2010

Tags: Current USA, layoffs, PaperDirect

Thirty management and administrative employees at Current USA and PaperDirect Inc. have receive word they’ll be laid off by Aug. 27. Wendy Huxta, president of both companies, said that the “difficult decision” comes as a result of changing market conditions, in other words the slow recovery. “We have realigned our resources to be better-equipped to respond to [...] [...]

A bit of planning can help reduce the risk of cutting labor costs (access required)

by Contributing Writer Published: December 18,2009

Tags: competition, layoffs, recession

The state of the economy has forced many companies to reduce costs to stay competitive. Labor costs are typically a prime focus during tough economic times.  Efforts to reduce labor costs should be carefully considered, however, to avoid unintended and greater liabilities than the cost savings to be realized from the change. In making decisions intended to [...] [...]

How to structure layoffs without triggering lawsuits  (access required)

by Amy Gillentine Published: December 11,2009

Tags: Employment, layoffs

Facing an increasingly litigious environment, companies are taking extra steps to protect themselves from legal action resulting from layoffs and disputes. They are crafting more severance packages with provisions prohibiting litigation, consulting with attorneys before conducting layoffs, providing outplacement and, in general, doing what they can to reduce the risk of being sued at a time [...] [...]

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